Retail Investors Pour $1.4 Billion Into MetaETH, zkPass, and Momentum Token Sales
Retail investors have demonstrated insatiable appetite for emerging blockchain projects, committing over $1.4 billion across three token offerings this week. The frenzy underscores growing mainstream interest in crypto assets despite ongoing market volatility.
MetaETH's auction became the standout performer, drawing $1.3 billion in commitments - a staggering 27.8x oversubscription against its $50 million target. The project's MEGA tokens sold out within minutes of Monday's launch, with trading set to commence in January 2026.
Parallel offerings from zkPass and Momentum similarly shattered expectations. zkPass's ZKP token sale attracted $67 million against a $2 million goal, while Momentum's MMT token raised $82 million in under an hour on sui blockchain - exceeding its target by 1,739%.
